SBI posts Q4 loss of Rs 7718 cr on provisions, gross NPAs up

5 days ago
Reflecting the continued pressure on staterun banks, State Bank of India (SBI) on Tuesday posted a loss of Rs 7,718 crore for the fourth quarter ended March, mainly due to increased provisioning, the bank said in a stock exchange filing. The country's ... ...

Tata Steel Q4 net profit at Rs 14688 crore

2 weeks ago
Tata Steel today reported consolidated net profit of Rs 14,688.02 crore for the fourth quarter ended March, driven by an "exceptional" gain of Rs 11,376 crore. It had clocked a net loss of Rs 1,168.02 crore in the same quarter last year. "The ... ...

Plunging Idea valuations underline telecom sector woes

2 weeks ago
The turmoil in India's telecom sector, which has seen plunging revenues and mounting losses and debts, has resulted in the closure or acquisitionmerger of several smaller or marginal players. But the deep bleed is now affecting even established firms. ... ...

Market gains for eight day ahead of IMD monsoon forecast

1 month ago
Wipro Ltd up for a third straight session Wipro Ltd gained for a fifth straight session today Reliance Industries Ltd is up for a fifth straight session today Reliance Industries Ltd up for a fifth straight session Sensex soars 248.28pts; Nifty above ... ...

Nifty crosses 10500 mark

1 month ago
Metal, pharma shares slide Jindal Steel & Power Ltd rose for a fifth straight session today Pharma shares tumble Jindal Steel & Power Ltd gained for a third straight session today Stocks tumble to 5mth low as trade war fears escalates; log 4th weekly Sensex ... ...

Nifty gains 47.75 pts on positive global cues

2 months ago
The NSE Nifty extended gains for the third consecutive session, up 47.75 point to 10,379.35 as financial stocks rose with global sentiment turning positive amid easing trade war fears. Sustained buying was seen in FMCG, banking, energy, and financial ... ...

Indian equity indices end higher on firm global cues (Roundup)

2 months ago
The key Indian equity indices rose on Monday in line with their international peers after signs emerged over easing of recent global trade protectionist measures. According to market analysts, other global cues such as supportive USbased macro ... ...

ICICI Bank board clears redemption of 350 unlisted preference shares

2 months ago
Private sector ICICI Bank board today approved redemption of 350 unlisted preference shares of Rs 1 crore each and decided to reclassify all kinds authorised share capital into equity. However, the bank did not say anything with regard to review of ... ...

Auto, pharma stocks gain

2 months ago
Key benchmark indices hovered near day's high in early afternoon trade on steady buying in index pivotals. At 12:18 IST, the barometer index, the S&P BSE Sensex, was up 152.19 points or 0.46% at 33,120.87. The Nifty 50 index was up 51.55 points or 0.51 ... ...

ICICI Bank slides after clarifications

2 months ago
ICICI Bank fell 4.35% to Rs 266.30 at 9:23 IST on BSE after the bank said its board expressed and reposed full faith and confidence in its MD & CEO, Chanda Kochhar. Meanwhile, the S&P BSE Sensex was up 121.62 points, or 0.37% to 33,090.30. On the BSE ICICI Bank shares drop ... ...

ICICI Bank in focus after clarifications

2 months ago
ICICI Bank will be in focus. Media reports alleged that the bank sanctioned Rs 3250 crore of loans to Videocon Group because its chairman Venugopal Dhoot supposedly had dealings with NuPower Renewables, founded by ICICI Bank's MD & CEO Chanda Kochhar's ICICI Bank shares drop over ... ...

CBI probing Videocon, husband of ICICI Bank CEO, in loan case

2 months ago
NEW DELHI () The Central Bureau of Investigation (CBI) has launched a preliminary investigation into the husband of ICICI Bank's chief executive, as well as officials at the lender and at Videocon Group, two sources said on Saturday, to assess ... ...

Market volatile in early trade

2 months ago
Key benchmark indices witnessed small movement in opening trade amid initial volatility. At 9:18 IST, the barometer index, the S&P BSE Sensex rose 35.69 points or 0.11% at 32,632.23. The Nifty 50 index dropped 9.85 points or 0.1% at 9,988.20. The S&P ... ...

Trade war: Equities plunge to 5month low, Nifty50 below 10k (Roundup)

2 months ago
Key equity indices NSE Nifty50 and BSE Sensex receded to their 5month low levels on Friday as investors got spooked after major world economies imposed new trade protectionist measures. The global selloff which impacted the Indian equity market ... ...

Union Bank of India leads losers in 'A' group

2 months ago
Syndicate Bank, Steel Authority of India Ltd, Fortis Healthcare Ltd and Jindal Steel & Power Ltd are among the other losers in the BSE's 'A' group today, 23 March 2018. Syndicate Bank, Steel Authority of India Ltd, Fortis Healthcare Ltd and Jindal Market Now: Midcap inde ... ...

Axis Bank drops after clarification on media reports

2 months ago
Axis Bank was down 0.45% to Rs 523 at 9:19 IST on BSE after the bank issued a clarification to media reports referring to a bank guarantee issued by the bank to certain telecom companies. The announcement was made after market hours yesterday, 21 March Top Axis Bank exec ... ...

Exaggerated allegations left me defenceless: Mehul Choksi

2 months ago
Gitanjali Gems Chairman and Managing Director Mehul Choksi, who is a coaccused in multicrore Punjab National Bank (PNB) scam on Tuesday said that 'exaggerated allegations by multiple investigating agencies have left him completely defenceless and ... ...

Find more trending stories and influencers in india with our professional tool By Book Marking Us ( Ctrl+D ).